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Crash Course: The Scariest Days in Stock Market History

Many Happy Returns

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Flash Crashes and Market Turmoil

This chapter explores significant stock market events, focusing on the infamous flash crash of May 6, 2010, which saw the Dow Jones plummet 9% in minutes. It examines the causes of such volatility, including market manipulation tactics like spoofing, and the role of central banks in stabilizing markets during crises. By drawing parallels between historical flash crashes and modern-day events, the chapter underscores the persistent nature of market fears and the resilience needed in the face of economic turbulence.

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